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givi [52]
4 years ago
8

Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price p

er unit 6.30Variable cost per unit 4.55Total fixed cost 59 comma 675 What is the breakeven point in units Round intermediary calculations to the nearest cent A 31 comma 309B 5 comma 050C 34 comma 100D 5 comma 500
Business
1 answer:
insens350 [35]4 years ago
8 0

Answer:

Option C) Medoc Company's Break Even Point is 34,100 Units

Explanation:

Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.

Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit

where:

Contribution per unit = Selling Price per unit - Variable Costs per Unit

<u></u>

<u>Calculations:</u>

Contribution per Unit = $6.30 - $4.55 = $1.75

Break Even Point in Units =  $59,675  ÷ $1.75

Break Even Point in Units =  34,100 Units

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Answer:

D) would reduce the multiplier. If the Fed wanted to offset the effect of this on the size of the money supply, it could have bought bonds

Explanation:

Banks "create" money when they use their clients' money to make loans to other clients. If the banks' clients started to withdraw significant amounts of money, that would reduce the banks' capability of creating money which in turn would reduce the money multiplier. If the FED had bought bonds from private investors then they would have increased the money supply and probably also increased the money multiplier.

6 0
3 years ago
Abe owns a 1-bedroom cooperative apartment, which accounts for a 1.2% ownership stake among the other shareholders. If the annua
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Answer:

$485

Explanation:

Annual budget = $485,000

Monthly budget= $485,000/12

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40,416= 100%

1.2%=?

=40,416/100 x1.2

=404.16x1.2

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6 0
4 years ago
Because there are some positive aspects of bureaucracy, as proposed by Max Weber, Tammy, a restaurant manager, is interested in
dexar [7]

Answer:D) Rational, efficient, ideal organization based on principles of logic.

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Like Max Weber, Tammy shares the same view that Bereaucracy is a Rational, efficient, ideal organization based on principles of logic.

7 0
3 years ago
The Jack Frost Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid $ 11 comma 000 for ten
Svet_ta [14]

Answer:

a. $11,000

b. $2,200

Explanation:

According to the cash basis accounting, the cash is recorded when actual cash is received

But as per the accrual basis of accounting, the revenue is recorded when it is realized or earned whether cash is received or not                      

So,

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8 0
3 years ago
The selected inventory costing method impacts:________
Alisiya [41]

Answer:

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There are three methods for valuing inventory whic are FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost) (Weighted Average Cost). The gross profit and ending inventory are affected differently by each of these costing methods.

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Therefore, the correct option is a) Gross profit and ending inventory.

4 0
3 years ago
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